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SA 3 - RESO - TAX ALLOCATION BONDS
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SA 3 - RESO - TAX ALLOCATION BONDS
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Last modified
6/30/2016 4:21:44 PM
Creation date
6/30/2016 3:50:32 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
7/5/2016
Destruction Year
2021
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which interest previously has been paid or made available for payment. Interest on the Series <br />2016 Bonds shall be computed on the basis of a 360 -day year of twelve 30 -day months. <br />The Series 2016A Bonds shall be dated their date of initial delivery and shall bear interest <br />at the rates specified in the table below, such interest being payable on each Interest Payment <br />Date, and shall mature on the Principal Payment Dates in the following years in the following <br />principal amounts, namely: <br />Maturity Date <br />( September 1) <br />2025 <br />2026 <br />2027" <br />2028" <br />2029' <br />2030 <br />2031* <br />* Insured Series 2016A Bonds. <br />Principal Interest <br />Amount Rate <br />The Series 2016B Bonds shall be dated their date of initial delivery and shall bear interest <br />at the rates specified in the table below, such interest being payable on each Interest Payment <br />Date, and shall mature on the Principal Payment Dates in the following years in the following <br />principal amounts, namely: <br />Maturity Date <br />(September 1) <br />2017 <br />2018 <br />2019% <br />2020" <br />2021. <br />2022` <br />2023` <br />2024" <br />2025 <br />* Insured Series 2016B Bonds. <br />Principal Interest <br />Amount Rate <br />Principal and redemption premiums, if any, on the Series 2016 Bonds shall be payable in <br />immediately available funds. Principal and redemption premiums, if any, and interest on the <br />Series 2016 Bends shall be paid in lawful money of the United States of America. <br />Section 2.03 Form of Series 2016 Bonds. <br />authentication and registration endorsement, and the <br />substantially in the form attached hereto as Appendix A. <br />17 <br />3 -35 <br />The Series 2016 Bonds, the Trustee's <br />assignment to appear thereon shall be <br />
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